Inside the Pentagons $59 bn 'Black Budget'

March 08, 2014 01:16

President Barack Obama proposed a $495.6 billion defense budget yesterday, almost half a billion dollars leaner than the previous years. But theres still one category where the Department of Defense is not scaling back: its secret projects.

According to the budget documents, the DoD plans to spend around $58.7 billion on classified programs (fondly known as its "black budget") in fiscal year 2015, a 1.5 percent increase from the previous year.

But what exactly is the "black budget?"

Read about it HERE

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